Insights: News Kilpatrick Receives the 2025 Large Turnaround of the Year Award from TMA Chicago/Midwest Chapter

Congratulations to Nathan Delman and Rick Rein for receiving the 2025 Large Turnaround of the Year Award from TMA Chicago/Midwest Chapter for their work on behalf of Oberweis Dairy, Inc. Special thanks to co-award winners Adelman & Gettleman, Ltd. and Fort Dearborn Partners.

In 2023, Oberweis Dairy faced mounting losses and a liquidity crisis, burning nearly $900,000 a month. Fort Dearborn Partners stepped in as CRO, executing swift cost reductions, asset sales, and operational restructuring. A Section 363 bankruptcy sale led to a new buyer who revitalized the brand, preserved over 1,500 jobs, and launched an aggressive expansion plan. Today, Oberweis is thriving again—poised to open 15 to 17 new stores and reclaim its leadership in premium dairy retail.
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